Key Developments: Hofseth Biocare ASA (HOFBC.OL)

HOFBC.OL on Oslo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Hofseth Biocare ASA signs distribution of Salmon Protein Hydrolysate with Aceto
Friday, 17 Oct 2014 04:06am EDT 

Hofseth Biocare ASA:Says Hofseth Biocare ASA signs distribution of Salmon Protein Hydrolysate with Aceto Health Ingredients GmbH for the European market.Says the agreement is the largest of its kind HBC has signed and will give revenues in 2015 and onward.Says agreement includes exclusive rights for Aceto to distribute ProGo as a human nutrition ingredient in EU and Swiss market.Says agreement is signed conditional to sales performance and market efforts by Aceto.Says agreement strengthens HBC sales in European market through Aceto's sales force.  Full Article

Hofseth Biocare completes clinical study on salmon protein
Monday, 6 Oct 2014 07:20am EDT 

Hofseth Biocare ASA:Says completes clinical study on salmon protein, showing strong results on treatment of anemia and obesity.Says results from study are significant and show strong increase in hemoglobin and decreased BMI (Body Mass Index), using HBCs salmon protein hydrolysate.Says final report on study will be published early 2015.  Full Article

Hofseth Biocare ASA signs LOI for distribution of Salmon Protein Hydrolysate
Wednesday, 1 Oct 2014 03:50am EDT 

Hofseth Biocare ASA:Says signs LOI (letter of intent) for distribution of Salmon Protein Hydrolysate with Aceto Health Ingredients GmbH.Says entered into an intention agreement on HBC's protein for distribution in EU and Swiss market.Says aim is to sign a formal distribution agreement by the end of 2014.  Full Article

Hofseth Biocare ASA replaces damaged critical part in production and sells more fresh salmon oil
Wednesday, 20 Aug 2014 02:50am EDT 

Hofseth Biocare ASA:Says has revealed a damage to the steam boiler, which is a vital part of the production process at HBCs plant in Midsund.Says the damage is covered by HBCs insurance, both in terms of actual equipment replacement and operational business interruption insurance.Says the shut down will not cause inconvenience to HBC until the equipment is replaced in mid-November.Says has also received an order for fresh salmon oil from a UK customer.  Full Article

Hofseth Biocare has received an order for fresh salmon oil capsules from a Finnish customer.
Monday, 28 Jul 2014 06:10am EDT 

Hofseth Biocare ASA:Says has received order for fresh salmon oil capsules from a Finnish customer.Says entered into an exclusivity agreement with the customer on encapsulated salmon oil to the Finnish market for the next three years.Says 1st delivery occurs during the summer of 2014.Says products will be sold in one of Finland's retailers with more than 1,600 outlets.  Full Article

Hofseth Biocare elects Ernst&Young AS new auditor
Tuesday, 22 Jul 2014 09:37am EDT 

Hofseth Biocare ASA:Elects Ernst&Young AS new auditor of the company.Says the decision was made during Extraordinary General Meeting held on June 22.  Full Article

Codfarmers AS to reach 10.25 pct in Hofseth Biocare
Friday, 11 Apr 2014 02:20am EDT 

Hofseth Biocare ASA (HBC):Says Codfarmers AS has been allocated 10,000,000 HBC shares.The shares represent 10.25 percent of total outstanding shares in HBC after the completion of the private placement.Codfarmers did not own any shares in HBC prior to the transaction.Subscription price was 4.50 Norwegian crowns per share.Codfarmers is a company controlled by Friendmall Ltd.  Full Article

Hofseth Biocare raises NOK 90 mln in private placement
Friday, 11 Apr 2014 02:05am EDT 

Hofseth Biocare ASA:Says has raised 90 million Norwegian crowns in gross proceeds through private placement of 20 million new shares.Will use the proceeds for general corporate purposes mainly within Marketing and Sales activities, conversion of shareholder loans and trade payables, repayment of overdue trade payables and working capital.Subscription price was 4.5 crowns per share.The shares to be issued upon completion of the private placement will represent about 25.8 percent of the current outstanding share capital of the company.  Full Article

Hofseth Biocare announces sales of fresh salmon oil for pet nutrition in Swedish store chain
Wednesday, 19 Feb 2014 02:55am EST 

Hofseth Biocare ASA:Receives confirmation of product listing from one of retailers in Sweden.Says the listing is on finished products of fresh salmon oil for dogs and cats nutrition.Products from Hofseth BioCare will be included as standard product range in 160 stores as well as optional range in another 160 stores.  Full Article

Hofseth Biocare receives orders from Budo & Fitness in Sweden
Tuesday, 18 Feb 2014 06:52am EST 

Hofseth Biocare ASA:Receives orders from Budo & Fitness in Sweden on sales of encapsulated fresh salmon oil.Says first delivery occurs within Q1.Budo & Fitness is a sports chain in Sweden specializing in Budo & Fitness products.Says the salmon oil is encapsulated in Norway as private label for Budo & Fitness.  Full Article

BRIEF-Hofseth Biocare signs distribution of Salmon Protein Hydrolysate with Aceto

* Says Hofseth Biocare ASA signs distribution of Salmon Protein Hydrolysate with Aceto Health Ingredients GmbH for the European market

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